BitGo, the NYSE-listed digital asset infrastructure company, announced the launch of its Unified Digital Asset Financing platform; BitGo Prime is a single, regulated workflow for institutions to borrow, lend and manage their collateral.
BitGo Prime’s Unified Digital Asset Financing Platform
BitGo Prime provides flexible financing solutions for institutions through a wide variety of collateral types, including Bitcoin, Ethereum, Solana, stablecoins, and, for the first time, locked or staked tokens held in segregated wallets (e.g., ERC-20 protocols). Clients will then be able to access financing on the BitGo platform while also managing their staking activities, or long-term allocation strategies through liquidity access.
A primary component of this new platform is the establishment of portfolio-based financing, which allows for borrowing limits to be determined based on risk-weighted collateral parameters across all eligible assets held within a client’s Go Account (BitGo’s multi-asset regulated custody wallet). This enables institutions to manage cross-assets by consolidating their holdings into one portfolio, thereby providing institutions the ability to gain liquidity access from their collateral without needing to change their existing loan structures.
In addition to borrowing funds, institutions can also lend their eligible assets to BitGo Prim as part of their overall treasury and capital strategies, subject to standard eligibility requirements.
Industry Importance
The rapid development of institutional participation in the digital asset sector is going mainstream, but financing infrastructure has often remained fragmented (requiring multiple counterparties, manual processes and the transfer of collateral from one venue to another. Now, the BitGo single-platform solution integrates all aspects of institutional digital asset funding into a single workflow supported by regulated custody.
CEO Mike Belshe stated: “Institutional clients want digital asset financing that works the way they manage capital and risk in practice – not as a collection of siloed products. With BitGo Prime, we are delivering a platform that meets institutional standards without requiring clients to restructure their portfolios to access capital. That’s a meaningful shift for the industry.”
